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Hon Hai Precision Ind. Co Ltd announces details for issuance of unsecured corporate bonds


Friday, 6 Dec 2013 04:28am EST 

Hon Hai Precision Ind. Co Ltd:Says to issue third tranche of unsecured corporate bonds for fiscal year 2013, worth T$6 billion.Says the bonds are each with issue price and face value of T$1 million, with term of three years, five years and seven years.Says three-year bonds are with annual interest rate of 1.35 pct, five-year bonds are with annual interest rate of 1.50 pct and seven-year bonds are with annual interest rate of 1.85 pct.Says proceeds will be used for short-term loan repayment.